Still waiting on my interview for Tims Challenge.  Just the flood of info in the intro packet was worth the $197 VIP application fee!!

Watched the Traders Checklist over the weekend (the first one) and it helped me make a quick $110 profit this morning 1/31/22 on $IINN.

I first spotted it by watching the Big % Gainer's chart on STT at $2.92 already up 30%+.  Could have just jumped in there, and to be honest I would have last year.  But I took my time and did my research.  Read the news, looked at past key stats.

Here is my decision process.  Its low float with a news catalyst and that seems to be a good working pattern of late.  I look back at the recent 2-month chart.  It dipped down in December 2021 off its highs and used the $3ish range as a support level.  It then broke down below 3 in mid-January 2022.  So, when I first spotted it at $2.92 I figured it might use the 3 as resistance. Previous support becomes new resistance.  

And I was right. Just a few moments after my original spot it dropped to the low 2.80's.  Last year with my large account and no education or discipline I would have jumped in at 2.92 and cut losses at 2.80.  However, this time around I waited to see if it could break back above 3.  When it did, I still traded scared. I waited for the dip.  The stock made it to 3.45 and turned down.  It confirmed the Break-out when it then used the low 3's a support.  I got in quick at 3.15 at 9:21am.  With what I would call a 2-1 odds.  My goal was to see it get back to the 3.45 with an upside of $.30 per share.  I would cut losses at $3 or even sooner. 

So, I risked .15 to make .30

When it shot up two minutes later above previous highs I quickly took profits.

I might add that last year I would have probably held seeing as how my greed often got in the way of me taking profits.  I was in many winning trades that turned into losers simply because I held on to long.  The house always wins if you play until the house wins!!